Thanks for that update. Is there any chance you guys could write few words about RBS token economy? I understand that there are some buy-back and burns happening. Im just curious on how does it exactly work?
Are you using fees from staking/unstaking bSteem?
Fees from staking/unstaking RBS?
Fees from using RobiniaSwap bridge?
Anything else is impacting amount of burned tokens?
hi @robinia
Thanks for that update. Is there any chance you guys could write few words about RBS token economy? I understand that there are some buy-back and burns happening. Im just curious on how does it exactly work?
Are you using fees from staking/unstaking bSteem?
Fees from staking/unstaking RBS?
Fees from using RobiniaSwap bridge?
Anything else is impacting amount of burned tokens?
Cheers, Piotr
RobiniaSwap's 4% deposit fee will be used to purchase STEEM. RBS tokens will be burned using the STEEM token economy.
The STEEM bridge fee is 1% and the BLURT bridge is 2%.
A portion of the bridge fee is also used to burn RBS tokens.
I hope, hopefully the price of RBS will improve soon. I have some coins which I stake there.